With
the European sovereign debt crisis threatening to dissolve the Eurozone
and the US with record budget and trade deficits the world is facing a
monetary crisis.
Central
to the sovereign debt, housing and financial derivatives bubbles has
been the provision of cheap and abundant credit. Money that has been
simply manufactured from the keyboards or printing presses of Central
bankers. As long as the financial system allows the effective
counterfeiting of paper currency to meet ever increasing central
spending – inflation and instability will ensue. Read more>>>
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